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Canadian Financial Close: C$ firm with year-end positioning

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Published: December 30, 2019

By MarketsFarm

WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar was slightly firmer on Monday, as investors squared positions ahead of the year end.
The Canadian dollar closed at US$0.7658 or US$1=C$1.3059, which compares with Friday’s close of US$0.7646, or US$1=C$1.3078.
Increasing optimism over the Phase One trade deal between the U.S. and China was somewhat supportive for global equity markets, although investors continue to look for more firm details on the deal.
The TSX Composite Index was weaker, losing 69.65 points, or 0.41 per cent, to close at 17,098.56 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————-dn $ 0.07 at $ 2.93
Linamar Corp.——————–dn $ 0.06 at $ 49.25
Maple Leaf Foods—————–dn $ 0.18 at $ 25.68
Nutrien Ltd.———————dn $ 1.06 at $ 61.87
Ritchie Bros Auctioneers Inc.—-dn $ 0.45 at $ 56.21
Rocky Mountain Dealerships Inc.–up $ 0.07 at $ 6.43

(All figures are in Canadian dollars.)

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